£513,860
This estimated value is based upon the latest sale price for the house of £490,000 on 10 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Larkswood Road
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242 Chingford Mount Road, Chingford, London, E4 8JL
Phone: 02080332384
| Price Paid | Date |
|---|---|
| £490,000 | 10 Feb 2022 |
| £244,000 | 19 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £490,000 results in an estimated price of approximately £513,860.
| 10 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £490,000 | £23,860 | £513,860 |
The Postcode Pricing Model uses changes in average sales price within the E4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -59.313 % | £-290,633 | £199,366 |
| 3 Month Average | -22.906 % | £-112,241 | £377,758 |
| 6 Month Average | -5.370 % | £-26,311 | £463,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £695,294 | £685,000 | 44 NEW ROAD |
| 20 Mar 2023 | £529,993 | £525,000 | 81 NORMANSHIRE DRIVE |
| 10 Mar 2023 | £323,043 | £320,000 | 6 NORMANSHIRE DRIVE |
| 8 Feb 2023 | £290,305 | £290,500 | 33 LARKSWOOD ROAD |
| 7 Feb 2023 | £616,585 | £617,000 | 41 NEW ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Aug 2021. Using an estimated price of £513,860 means this house is valued at £6,587 per sq meter (£612 per sq foot).
The average size of a house on NORMANSHIRE DRIVE is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Larkswood Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brook Gardens |